RE:RE:Ascot Reports Best Results since 2017:ImpressiveAscot management is ok, it is the the uprecedented spike in the interest rates in the last 6-9 months that is causing havoc. Avio needs to raise cash for commerical production in Q1/24 and it is terrible time to get financing.
Having said that, I think Q1/23 could see the begining of the trend reversal with interest rates starting to go down. What do you do if you were in the shoes of Ascot management? Get double digit financing now or waiting for better time and better financing deals in mid-23 onwords? That is the question